ASX - TGR Tassal is a Salmon producer and in prawn farming.
With an assumed food shortage thus pushing agricultural + food prices higher I have taken a position in Tassal on the 0.50% pullback from the 2013 lows to the run-up into pre covid.
It is one of the best equities to hold up in this sell off. There is 42% of institutional interest so in a liquidity shock it will be sold off and this will produce a really good longer term investment if we seize the opp .
Currently at "fair value" on many metrics.
TGR
TGR - Trade PlanTGR broke out of its downtrend line strongly confirming a change in trend. Currently its pulling back and is at its 61.8 Fibonacci Retracement Zone. I want to see bullish price action in this zone which would give me confidence to take a buy position and I will target the recent highs with a tight stop below the current swing low.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
